Colorado Grande Casino

Rocky Mountain Gaming Acquires Johnny Nolon’s Casino and Colorado Grande Casino

Published

1 month ago

October 9, 2024

rocky-mountain-gaming-acquires-johnny-nolon’s-casino-and-colorado-grande-casino

Rocky Mountain Gaming (RMG) has completed its acquisition of Johnny Nolon’s Casino and the Colorado Grande Casino in Cripple Creek, Colo., on October 1, 2024. The company received final licensing approval from the Colorado Division of Gaming at their monthly meeting on September 19. The deal was first announced in December 2023.

RMG was founded by David D. Ross, Michael J. Gaughan III, and Joseph J. Canfora to seek gaming opportunities throughout the US. Ross and Gaughan have worked together for approximately 30 years in Senior Management for Coast Casinos, Affinity Gaming, and the JW Marriott & Rampart Casino. Canfora was the owner of Wildwood Casino in Cripple Creek until selling its operating assets to Golden Nugget in 2022. Canfora has more than 40 years of experience in gaming and hospitality.

“It’s been a long but exciting ride, and we are thrilled to be stepping back into the Cripple Creek community. We’ve been meeting with the current team members to get their feedback on improvements and, most importantly, we made sure that all of the current team members who want to stay with us have that opportunity,” Canfora said.

“Michael and I have been looking for an opportunity to get back into the Colorado gaming market for the last 10 years. We’ve put together a detailed plan with exciting changes like new slots and updated interiors that we think the guests are going to love,” said Ross.

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888 Holdings

888 Secures Market Access Deals to Enter Colorado, Iowa, and Indiana

Published

4 years ago

December 4, 2020

GamingAmericas.com

888 Holdings has announced new multi-year market access deals in the states of Indiana, Iowa, and Colorado. Its presence in each of these states will initially be through the 888Sport brand in 2021.

In Colorado, 888Sport will launch under the license of the Colorado Grande Casino based in Cripple Creek. In Iowa, the Group will launch under the license of Catfish Bend Casinos II LLC. In Indiana, the Group has signed an agreement with Harrah’s Hoosier Park, which is owned by Caesars Entertainment, to launch 888Sport in the state.

Itai Pazner, CEO of 888, said: “We are delighted to sign these agreements with three great partners – the Colorado Grande Casino, Catfish Bend Casino II LLC, and Harrah’s Hoosier Park – that will enable 888 to bring its first-class online sportsbook to bettors in Colorado, Iowa and Indiana. The U.S. online betting and gaming market has huge growth potential, and we continue to build a strong platform for growth across both our B2B and B2C operations.

“In addition, we are pleased with 888’s trading during the second half of 2020. This performance continues to reflect strong FTD trends in line with the Group’s recreational customer focus as well as the structural shift towards online services being seen across several consumer-facing industries. We have continued to prioritise safe gambling and recognise the impact of COVID-19 on the lives of 888’s customers across global markets. 888 continues to invest in protecting customers and has again increased the volume of interactions with customers initiated by 888’s safer gambling team in order to help prevent gambling related harm. Underpinned by 888’s core strengths as a responsible operator with outstanding technology, the Group remains well positioned to deliver further strategic progress.”

Yaniv Sherman, SVP Head of Commercial Development at 888, said: “Expanding 888Sport.com into these three states represents another major milestone in our ongoing growth across the regulated U.S. online gaming market. We have deployed our proprietary technology in the U.S., and our exciting pipeline of new products will deliver industry-leading propositions to customers across both our B2B and B2C operations. We continue to appraise strategic partnerships that will provide additional brand-building and market access opportunities for 888 across the U.S. market in the near future.”